PFG Investments LLC Buys 220,456 Shares of Ford Motor (NYSE:F)

PFG Investments LLC boosted its stake in Ford Motor (NYSE:F - Free Report) by 791.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 248,320 shares of the auto manufacturer's stock after purchasing an additional 220,456 shares during the period. PFG Investments LLC's holdings in Ford Motor were worth $3,298,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in F. Newport Trust Company LLC raised its stake in shares of Ford Motor by 4.5% during the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer's stock valued at $1,891,610,000 after acquiring an additional 6,667,808 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Ford Motor by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer's stock valued at $1,068,596,000 after acquiring an additional 269,887 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Ford Motor by 6.3% during the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer's stock valued at $721,065,000 after acquiring an additional 3,522,965 shares during the last quarter. Norges Bank bought a new position in shares of Ford Motor during the fourth quarter valued at $475,899,000. Finally, Northern Trust Corp raised its stake in shares of Ford Motor by 3.8% during the third quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer's stock valued at $473,312,000 after acquiring an additional 1,392,408 shares during the last quarter. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

Shares of NYSE F traded down $0.25 during midday trading on Friday, hitting $12.79. The company's stock had a trading volume of 57,257,796 shares, compared to its average volume of 50,407,576. The stock has a fifty day moving average price of $12.62 and a 200 day moving average price of $11.79. Ford Motor has a one year low of $9.63 and a one year high of $15.42. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 2.32. The firm has a market capitalization of $50.82 billion, a price-to-earnings ratio of 13.19, a P/E/G ratio of 1.01 and a beta of 1.63.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same quarter in the previous year, the firm posted $0.63 earnings per share. The company's quarterly revenue was up 3.1% compared to the same quarter last year. On average, research analysts forecast that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 7th. This represents a $0.60 annualized dividend and a yield of 4.69%. Ford Motor's dividend payout ratio is currently 61.86%.

Insider Activity at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now owns 7,102 shares of the company's stock, valued at $88,988.06. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

F has been the subject of a number of analyst reports. Barclays lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an "overweight" rating in a research note on Thursday, April 11th. UBS Group lifted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a "neutral" rating in a research note on Thursday. Redburn Atlantic initiated coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a "sell" rating and a $10.00 target price for the company. Royal Bank of Canada lifted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock a "sector perform" rating in a research note on Thursday. Finally, Morgan Stanley lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Ford Motor presently has an average rating of "Hold" and an average price target of $14.02.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.